Guangzhou Automobile Group Dividend
Dividend criteria checks 4/6
Guangzhou Automobile Group is a dividend paying company with a current yield of 5.49% that is well covered by earnings.
Key information
5.5%
Dividend yield
38%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.39 |
Dividend yield forecast in 3Y | 7.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601238's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601238's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Guangzhou Automobile Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601238) | 5.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Auto) | 2.2% |
Analyst forecast in 3 Years (601238) | 7.2% |
Notable Dividend: 601238's dividend (5.49%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 601238's dividend (5.49%) is in the top 25% of dividend payers in the CN market (2.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.4%), 601238's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601238 is paying a dividend but the company has no free cash flows.